Lotfeeders load up
Cattle on feed numbers have climbed close to record levels for the June quarter, as lower feeder cattle prices helped offset high grain prices. Capacity was also at a record, with utilisation increasing to its highest percentage since the same quarter last year. Also impacting the numbers on feed was the marketing numbers, or turnoff, […]
Wheat breaking through key support
The downward trend in US wheat prices seems to have taken hold, with winter wheat harvest coming to a close, the pressure has proven to be too much. Canola and rapeseed prices are finding support, however, with production coming under some pressure. Looking at the CME Soft Red Wheat (SRW) chart we can see prices […]
Pork production impacting mutton demand?
The Swine Fever crisis that swept through China in 2019 and 2020 had a dramatic impact on Chinese and world protein supplies. It took some time for production to recover, but we are now likely seeing some of the impacts on mutton demand and prices. Figure 1 shows Chinese and world pork production, according to […]
Apparel Fibre Update
Wool, in all its variations, is a textile fibre embedded in the larger apparel fibre textile market complex. As such the performance of the larger apparel fibres is of interest as they will reflect the general trends and cycles dominant in the wool market. Whether prices for the different categories of wool and the larger […]
